Posted on 05/22/2025 8:58:58 PM PDT by RandFan
The Supreme Court on Thursday strongly suggested that Federal Reserve board members would have special protection against being fired by a president in a ruling that, for now, allows President Donald Trump to fire two members of other federal agencies’ boards.
The Supreme Court in its ruling said, “We disagree” with arguments by Gwynne Wilcox of the National Labor Relations Board and Cathy Harris from Merit Systems Protection Board that their challenges to their terminations “necessarily implicate the constitutionality of for-cause removal protections for members of the Federal Reserve’s Board of Governors or other members of the Federal Open Market Committee.”
“The Federal Reserve is a uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks of the United States,” the majority ruling said.
(Excerpt) Read more at cnbc.com ...
The Supremes' want to protect the FED? Really strange.
Too bad - Powell is deep-state democrat operative ...
“quasi-private entity that follows in the distinct historical tradition of the First and Second Banks of the United States,”
Yeah... ok.
If the Federal Reserve does not answer to elected officials, we do not have government by consent. The Federal Reserve is outside of the Constitutional system and is above President.
The best way to fire the Fed, is to go JFK and come out with a Gold or Gold/Silver standard, start proting silver certificates instead of Federal Reserve Notes. Or Bitcoin, whatever. When you take over their function, you are basically firing them.
Yes and look what happened there
If history is a guide, one day, probably not Trump, but some future president that DC is necessitating, will go full Pinochet.
He will simply declare an emergency and nationalize the Fed, and possible arrest any judge that gets in his way.
This will happen in the aftermath of a devastating economic event, or after a massive war that has hit us hard.
But that is the ultimate solution.
That’s’ true and now protected by the courts. It’s crazy.
Try try again....
The funny thing is the national banks they mentioned in their ruling failed just like the FED (one day...)
It always happens but I agree its been a while but now long due.
you are describing cloward piven
Good point... good observation.
No, cloward piven is overloading the system to make it crash and bring THEM into power.
I am talking about something a little different. An abusive oligarchy convinces the people they cannot vote their way out of it. And a strongman rises, and not one they like a Pinochet for example.
The Democratics like to pretend Trump is one, but he isn’t even close.
I think Trump is making a dent, and giving us some breathing room that a wise person will use. But DC is fully arrayed against him.
That’s what the illegal Biden administration was engaged in, Cloward-Piven!
Flooding the system with illegals.
Well said.
“start proting silver certificates instead of Federal Reserve Notes.”
The government already defaulted on the Silver certificates they already issued. They might have a credibility problem.
So the President does not have control over the non-Federal Federal Reserve?
Imagine that.
Trump will eventually fire The Fed Chairman. He will be forced to because they will continue to sabotage his economy. After the courts freakout and the country gets sick of their constant and unconstitutional interference of course.
SCOTUS has declared that there is a non-government entity which rules over the Federal Government.
EO 11110 if memory serves.......
And yes......a last-minute reroute to a 135-degree turn at Houston and Elm... /shiny side out
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